Jury awards St. Jude $2.3B in trade secrets case

A California jury has awarded a St. Jude Medical unit $2.3 billion in a verdict against a former employee and the Chinese medical device company he started. It found the defendants liable for stealing trade secrets; the device giant had accused Yongning Zou of downloading confidential technical information from a company database before leaving to start Nervicon. St. Jude maintained Zou wanted to use the data to save hundreds of millions of dollars in research while tapping a $4.6 billion Chinese market for implantable medical devices, according to Law360. News

Suggested Articles

Coronavirus may not require a front-line battle yet in certain places, but it’s still taxing public health officials preparing for a potential crisis.

Cybernet Manufacturing, maker of medical-grade computer monitors, has unveiled a new, large touchscreen designed to protect against infections.

A startup has raised $12 million to fund its real-time system for monitoring patients undergoing dialysis at home and calling in complications.